SMHB

ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Se

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-$6.15 -50.94%
Dividend Portfolio Update
As you may know, I write many updates, economic analysis, and opinion pieces on my website, you can read my most recent full portfolio update here. However, it's been a while since I've shared an update on Commonstock so let's do one!

To date, I have invested $11,050 into the account the total value of all positions plus any cash on hand is $10,540. That’s a total loss of -4.62% The account is down $310.76 for the week which is a -2.86% loss.

We started building this portfolio on 9/24/2021 and, even with this rough last week, when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -11.92% whereas our portfolio is down 4.62%! I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

We added $250 in cash to the account over the last two weeks.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week and the blue ones are positions that I reinvested dividends into. The positions that we added to increased our annual dividend income by $8 at a yield of 4.54%.

For the last two weeks we received $13.78 from five dividends: $2.29 from $SMHB, $2.47 from Starbucks ($SBUX), $1.01 from Aflac ($AFL), $5.88 from Intel ($INTC), and $2.14 from Cummins ($CMI).

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically.

Dividends received for 2022: $237.97
Portfolio’s Lifetime Dividends: $255.90

You can see my trades on my profile and next week I will continue to add $10 into each ETF ($SPY, $XYLG, and $SCHD) and will look at deploying the rest of the money either into $MO or $BBY for the upcoming ex-dividend date.

That is it for the update this week. Let’s kill it next week. Stay patient and be ready to buy income producing assets at a discount!

coming in order to help arm yourself with a strategy for your future buys!
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Dividend Portfolio Update
As you may know, I write many updates, economic analysis, and opinion pieces on my website, you can read my most recent full portfolio update here. However, it's been a while since I've shared an update on Commonstock so let's do one!

To date, I have invested $10,550 into the account the total value of all positions plus any cash on hand is $10,615.85. That’s a total gain of 0.62%. The account is up $241.52 for the week which is a 2.33% gain.

We started building this portfolio on 9/24/2021 and, even with this rough last week, when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -7.3% whereas our portfolio is up 0.62%! I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

We added $200 in cash to the account this week. The trades made this week will be broken out below

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week and the blue ones are positions that I reinvested dividends into. The positions that we added to increased our annual dividend income by $11 at a yield of 4.45%.

This week we received three dividends: $0.74 from McCormick ($MKC), $4.24 from Global X S&P 500 Covered Call ETF ($XYLD), and $2.03 from Comcast ($CMCSA).

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically. The Coca-Cola dividend was actually received last Friday, but got reinvested on the following trading day.

Dividends received for 2022: $197.83
Portfolio’s Lifetime Dividends: $220.75

Below is a breakdown of my trades this week!

July 25th
  • McCormick ($MKC) – dividend reinvested
July 26th
  • Ecolab ($ECL) – added 0.2 shares at $157.75 (short term trade)
  • $XYLD – dividend reinvested
July 27th
  • ETRACS 2x Levered ETF ($SMHB) – added 1 share at $8.78
  • Ecolab ($ECL) – sold 0.2 shares at $160.10
  • $SCHD – added 0.13775 shares at $72.60 (recurring investment)
  • $XYLD – added 0.230044 shares at $43.47 (recurring investment)
  • Comcast ($CMCSA) – dividend reinvested
July 28th
  • Comcast ($CMCSA) – added 1 share at $39.26
  • Intel ($INTC) – added 1 share at $39.76
  • Ally ($ALLY) – added 0.25 shares at $32.28
July 29th
  • Comcast ($CMCSA) – added 1 share at $37.92
  • Intel ($INTC) – added 1 share at $35.42
  • Ally ($ALLY) – added 0.35 shares at $32.89

This week I mostly focused on $INTC and $CMCSA as I indicated in the last portfolio review. Both had some rough earnings misses which gave some good buying opportunities. I’m not too concerned about $CMCSA’s earnings, most segments of the business performed as expected, however economic contractions affected the business more than anticipated. $INTC is a different story. Though they were also affected by the economy, revenues were way lower than expected and guidance was not peachy at all. This poor performance was to be expected while they build out the foundry business, but the severity of it was not. I’m still bullish on the long term for both, hence the buys at the end of the week.

Next week I plan on keeping my eyes $INTC again for the ex-dividend date coming up, and $ATVI, $AFL, $SBUX, $AMGN, and $O for their earnings reports as potential buys.
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$AMGN and $AFL are inching towards the top of my watchlist for my January birthday buys! Will be interesting following your positions the next few months

Which brokerage are you using? Interested in the fractional shares
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Weekly Economic Commentary and Portfolio Update 📈
Below is a paraphrase of the full portfolio update and market review article I write weekly. Click here for a full portfolio with more statistics, an economic review, plus a break down of all my trades (which you can see in my Commonstock profile as well).

Market Review

"This week the S&P 500 broke a seven-week losing streak. Last Friday the S&P hit its lowest level since March of 2021, only to rally back a strong 6.6% this week. The NASDAQ did better with a gain of 6.8% while the DOW was at 6.2%.

All eleven sectors of the S&P finished positive with consumer discretionary leading the way with a 9.2% performance to follow its rather disappointing performance last month. The sector still down over 5% for the month of May, largely due to the terrible showing of large retailers being shocked by inflation and supply chain concerns. However, the second half of this past week saw renewed gumption from the retailers with hopes that the worst is behind us. This is evident if the performances of Best Buy ($BBY), Costco ($COST), Target ($TGT), and Walmart ($WMT) with respective gains of 16.7%, 12.2%, 8.3%, and 7.7% for the week.

Mega caps also did some work with Apple ($AAPL), NVIDIA ($NVDA), and Tesla ($TSLA) contributing to the rally with similar gains.

Through this rally, the energy sector continues to show strength and is up to almost 17% gains for the month of May. Crude oil is back to its high prices for the month.
Treasuries continued their gains for the third consecutive week this week, drawing some strength from speculation that the Fed could pause its rate hikes in September.

Portfolio

To date, I have invested $9,100 into the account, the total value of all positions plus any cash on hand is $9,531.06. That’s a total gain of 4.74%. The account is $448.18 for the week which is a 4.93% gain, after briefly being in the negative territory last week.

I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week.

Dividends

This week we received two dividends. $1.84 from ETRACS levered dividend ETN ($SMHB) and $2.45 from Starbucks ($SBUX).

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically. All dividends were reinvested.

Dividends received for 2022: $122.84

Portfolio’s Lifetime Dividends: $145.76"
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Dividend Portfolio Update 🔥
Below is a paraphrase of the full portfolio update and market review article I write weekly. Click here for a full portfolio and economic review, plus a break down of all my trades (which you can see in my profile as well).

Boy what a rough week it was! The S&P is down 2.8% for the week, with most of losses coming after the Fed’s comments released on Thursday. The NASDAQ is down 3.8%, Russel is down 3.2%, and the Dow Jones is down 1.9%.

The week was marked by significant earnings reports in Tesla (TSLA) and Netflix (NFLX). Tesla came in better than expected and experience a small rally, which the latter disappointed and dropped a massive 35% the day after the report which declared a decrease in subscribers.

Important earnings for the week were mostly positive. The problem this week was weakening technicals on the broader market, Fed comments that we haven’t reached peak inflation and reassurance on aggressive rate hikes, and a 10-year Treasury yield quickly pushing for 3%.

Now let’s move on to reviewing our portfolio’s performance for the week.

Portfolio

To date, I have invested $8,160 into the account, the total value of all positions plus any cash on hand is $8,495.19. That’s a gain of $335.19 for a total return of 4.11%. The account is down $147.91 for the week which is a 1.71% loss.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week.

Dividends
This week we received two dividends. $1.50 from Realty Income ($O) and $1.77 from ETRACS 2x Monthly Leveraged ETN ($SMHB).

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically. All dividends were reinvested.

Dividends received for 2022: $94.00
Portfolio’s Lifetime Dividends: $116.92
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Commonstock is a social network that amplifies the knowledge of the best investors, verified by actual track records for signal over noise. Community members can link their existing brokerage accounts and share their real time portfolio, performance and trades (by percent only, dollar amounts never shared). Commonstock is not a brokerage, but a social layer on top of existing brokerages helping to create more engaged and informed investors.